National Health Investors NHI
NYSE NHI
$70.15 -1.27 (-1.78%)
As of: Sep 9, 2026 · 3:59 PM EDT

National Health Investors (NHI) Payout Ratio (2009 - 2026)

National Health Investors' (NHI) quarterly Payout Ratio came in at 0.8 in Q2 2026, down 29.49% on a YoY basis from 1.14 in Q2 2025, and down 27.75% quarter-over-quarter from 1.11 in Q1 2026.

Analysis

National Health Investors (NHI) Payout Ratio (2009 - 2026) Analysis & Trends

National Health Investors (NHI) has reported Payout Ratio for 16 consecutive years, with 0.8 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payout Ratio fell 29.49% year-over-year to 0.8; the trailing twelve-month figure through Jun 2026 stood at 1.05 (down 6.79% YoY), and the FY2025 full-year result was 1.2, up 5.29% from the prior year.
  • Payout Ratio retreated to 0.8 in Q2 2026 per NHI's latest filing, from 1.11 in the prior quarter.
  • Across five years, Payout Ratio topped out at 20.96 in Q4 2022 and bottomed at 0.8 in Q2 2026.
  • Historically, Payout Ratio has averaged 2.36 across 5 years, with a median of 1.17 in 2022.
  • The sharpest annual moves came in 2023 and 2025: Payout Ratio plunged 94.18% in 2023, then rose 26.58% in 2025.
  • Over 5 years, Payout Ratio stood at 20.96 in 2022, then slumped by 94.18% to 1.22 in 2023, then dropped by 25.53% to 0.91 in 2024, then climbed by 26.58% to 1.15 in 2025, then plunged by 30.24% to 0.8 in 2026.
  • According to Business Quant data, Payout Ratio over the past three periods registered 0.8, 1.11, and 1.15 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Welltower 170.25 Bn 169.31 Bn 1.39 Bn
2 Ventas 46.29 Bn 46.60 Bn 1.73 Bn
3 Healthpeak Properties 14.22 Bn 15.84 Bn -
4 Omega Healthcare Investors 13.87 Bn 14.12 Bn -
5 American Healthcare REIT 10.65 Bn 10.51 Bn 149.41 Mn
6 CareTrust REIT 9.21 Bn 9.22 Bn -
7 Healthcare Realty Trust 6.55 Bn 6.61 Bn -
8 Sabra Health Care REIT 5.31 Bn 5.31 Bn -
9 Diversified Healthcare Trust 4.63 Bn 4.51 Bn 298.67 Mn
10 National Health Investors 3.43 Bn 3.44 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.80
Mar 31, 2026 1.11
Dec 31, 2025 1.15
Sep 30, 2025 1.30
Jun 30, 2025 1.14
Mar 31, 2025 1.21
Dec 31, 2024 0.91
Sep 30, 2024 1.37
Jun 30, 2024 1.11
Mar 31, 2024 1.26
Dec 31, 2023 1.22
Sep 30, 2023 1.33
Jun 30, 2023 0.98
Mar 31, 2023 1.13
Dec 31, 2022 20.96
Sep 30, 2022 1.17
Jun 30, 2022 1.90
Sep 30, 2019 1.62
Jun 30, 2019 1.73
Mar 31, 2019 1.93